| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $7.86M | $10.63M | $11.28M | $15.07M | $21.43M +172.8% | $25.23M +137.4% | $28.54M +152.9% | $34.03M +125.9% | Strengthening |
| Operating Profit | -$11.25M | -$11.76M | -$9.67M | -$6.81M | -$4.69M +58.3% | -$25.47M -116.6% | -$6.69M +30.9% | -$4.30M +36.9% | Weakening |
| Net Profit | -$10.85M | -$11.42M | -$9.37M | -$6.37M | -$3.89M +64.1% | -$24.39M -113.6% | -$5.05M +46.2% | -$3.15M +50.5% | Weakening |
| EPS | $-0.10 | — | $-0.08 | $-0.05 | $-0.03 +70.0% | — | $-0.04 +50.0% | $-0.04 +20.0% | Strengthening |
| Other Income | $403.0K | $340.0K | $300.0K | $443.0K | $800.0K +98.5% | $1.08M +217.4% | $1.64M +447.0% | $1.14M +158.2% | Strengthening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -143.3% | -110.6% | -85.7% | -45.2% | -21.9% +84.7% | -100.9% +8.7% | -23.4% +72.7% | -12.6% +72.1% | Strengthening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 4.8% | 5.0% | 4.1% | 2.8% | 1.7% -64.1% | 10.8% +113.6% | 2.2% -46.2% | 1.4% -50.5% | Strengthening |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $11.49M | $69.70M | $45.76M | $55.16M | $90.47M | $74.52M |
| Short-Term Investments | — | — | — | — | — | — |
| Total Current Assets | $14.18M | $75.17M | $50.52M | $68.76M | $126.44M | $131.58M |
| Net PP&E | $4.21M | $6.99M | $56.91M | $50.99M | $29.20M | $17.54M |
| Goodwill | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — |
| Total Assets | $18.53M | $83.17M | $107.74M | $121.13M | $156.89M | $149.18M |
| LiabilitiesTotal Current Liabilities | $4.17M | $6.92M | $13.46M | $17.21M | $17.87M | $18.35M |
| Short-Term Debt | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — |
| Long-Term Leases | $0 | $2.50M | $34.48M | $34.44M | $35.21M | $5.20M |
| Total Liabilities | $4.67M | $10.14M | $47.94M | $51.65M | $53.08M | $23.55M |
| EquityCommon Stock & APIC | — | — | — | — | — | — |
| Retained Earnings | -$75.40M | -$92.89M | -$129.66M | -$174.33M | -$218.36M | -$226.56M |
| Total Equity | $13.86M | $73.03M | $59.80M | $69.47M | $103.81M | $125.64M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$8.02M | -$13.88M | -$25.55M | -$33.35M | -$31.13M | -$52.87M |
| Cash from Investing | -$609.0K | -$1.48M | -$17.55M | -$3.21M | -$4.40M | -$5.21M |
| Cash from Financing | $20.11M | $73.63M | $19.17M | $47.15M | $71.04M | $77.18M |
| SummaryCapital Expenditure | -$609.0K | -$1.48M | -$17.55M | -$3.21M | -$4.40M | -$5.57M |
| Free Cash Flow | -$8.63M | -$15.36M | -$43.10M | -$36.56M | -$35.53M | -$58.44M |
| FCF Margin | -311.1% | -348.4% | -476.1% | -151.3% | -48.7% | -53.5% |